DATE OF INCORPORATION AS SHOWN IN THE PAN CARD OF A HUF IS MORE THAN THE DATE OF BIRTH OF THE KARTA. WHEN I CHECK IT FROM IT WEB SIDE IT WAS WRITTEN THAT ERROR IN NAME. SO PLEASE TELL ME WHETHER A NEW PAN CARD CAN BE TAKEN AND WHAT ARE THE DOCUMENTS NEEDED FOR APPLY.
THANKING YOU

Returns are paper less. Therefore filing of audit report separately is compulsory in case of all assessee or not?

Is previous year circular no. 5/2007 dated 26-07-2007 (regarding non-filing of audit report) is applicable for assessment year 2008-09 or not?

I have reseived medical reimbursement Rs.2150000/- and that amount has been added in my Income and issued me Form No. 16 after deducted Tax of Rs. 82000/- from my college. So now what can I di for refund the amount. In which section whole amount is exempted? Kindly send me proper reply urgently. thanks
Shrikant

Expert : anand
Posted On : 7/30/2008 9:08:05 PM
Medical reimbursement upto rs.15000 is exempt from tax. Under no section it is fully exempt .


Clarification-Reimbusement of medical expenses in a pvt.hospital is exempt upto 15000/- and "in govt.hospital, hospital of employer they are totally exempt".

I have not understood the provision of Section 195A of Income Tax Act which says - Tax free income is to be grossed up for TDS purposes.


Kindly explain this with example.


Thanks.

Can anybody post scrutiny norms for assessment year 2008-09, if the same have been issued by CBDT

A member of Pvt. Ltd. co. wants to transfer his share to another person who is relative that person, so at what price he could transfer his shares for the purpose of capital gain as

a person forget to deduct TDS on capital expenditure. how it will affect him.

Whether TDS on Contractors should be deducted while making payments for stationery purchases, although there is no formal contract between the company and the vendor, if one single payment to such vendor exceeds Rs. 20,000?

I am getting conveyance from CA FIRM as I am pursuing articleship and use to go on audit to and fro. so anyone will tell me that is that coveyance amt is liable for FBT in firm's hand.

If yes, Then

one more question arise that,is this employer employee relationship for charging FBT?

I am getting conveyance from CA FIRM as I am pursuing articleship and use to go on audit to and fro. so anyone will tell me that is that coveyance amt is liable for FBT in firm's hand.

If yes, Then

one more question arise that,is this employer employee relationship for charging FBT?